The stock market tried to stabilize after 5 days of decline, breadth closed on a strong note : 2074 stocks advanced on the NYSE compared to 1320 that settled down. Some damage has affected the cumulative advance/decline line last week and it may take some time to repair it. Most of our indicators stand at a neutral level and hedging activity has increased somehow over the last few days. The sectors rotation continues from the economy sensitive stocks towards the defensive ones, reflecting the expectations of the market for a slow growth environment in the near term.